Which of the Following Is Predicted by Hamilton's Rule

question 46

Multiple Choice

Which of the following is predicted by Hamilton's rule?

• A) No altruism should evolve when r < 0.5.
• B) Altruism evolves only when r > 0.0.
• C) Altruism evolves only when r < 0.0.
• D) No altruism should evolve when r > 0.5.

Identify the conditions under which firms will earn zero, positive, or negative economic profits.

Recognize the significance of the market supply curve and its relation to individual firm supply in a competitive market.

Analyze the impact of market demand changes on firm behavior and market equilibrium in both the short and long run.

Apply the concept of opportunity costs and sunk costs to business decisions.